AES to retire four coal-fired power plants by 2025
2021-07-08 14:40:37 [Print]
US-based AES Corporation has signed an agreement with the government of Chile to allow for the closure of 4 coal-fired power plants by 2025, which means that 1,097MW of coal generation would be retired.
This agreement represents the single largest coal retirement announcement by any power company in Chile to date, according to AES, and includes roughly 20% of the country's installed coal capacity.
"The retirement of these conventional assets will remove approximately 6 million tons of CO2 from the atmosphere, the equivalent of taking over 2.4 million cars off the streets of Chile," said AES.
This agreement represents the single largest coal retirement announcement by any power company in Chile to date, according to AES, and includes roughly 20% of the country's installed coal capacity.
"The retirement of these conventional assets will remove approximately 6 million tons of CO2 from the atmosphere, the equivalent of taking over 2.4 million cars off the streets of Chile," said AES.
